The Smith Maneuver: A Step-by-Step Guide:

The Smith Maneuver is a financial strategy that involves converting non-deductible mortgage interest into tax-deductible investment interest, allowing individuals to potentially save on taxes while growing their wealth. By reinvesting the equity from your home, we allow ourselves to write off the interest on that additional equity that is invested.

In this video, we explain how the Smith Maneuver works, its pros and cons, and why it may or may not be a good fit for different individuals.

Although this strategy has been popularized in Canada, it is possible to execute a similar strategy in other regions and with other assets other than a home.

Please note that this video is for educational and entertainment purposes only and should not be considered financial advice.

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